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These are this Friday morning’s top pre-market analyst upgrades and positive research calls from Wall Street affecting shares: Allstate (ALL) Raised to Buy at Argus. American Tower Corp. (AMT)...
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These are the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Thursday morning: Amdocs (DOX) Raised to Outperform at Oppenheimer. Chevron (CVX)...
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We won’t bother telling you about the homebuilder merger this morning, because we already covered it once. But in a down and out sector, you will see that traders are looking to see if there will...
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KB Home (NYSE: KBH) and the housing sector is far from out of the woods. Even if you pretend your name is Dr. Pangloss it is hard to find some decent data among the malaise here. But when you...
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KB Home (NYSE: KBH) is showing that the housing mess isn’t over. No one was expecting anything great, but the beatings are continuing. Revenue fell 56% to $681.6 million, and housing revenues...
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Credit Suisse has decided that something is a amiss in the housing sector this morning and cut the ratings on the group. They are listed below. DR Horton (DHI) Cut to Neutral. KB Home (KBH) Cut to...
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Credit Suisse has issued a new coverage rating systems for its homebuilder universe. These are some of the calls we saw in the sector: Centex (NYSE: CTX), DR Horton (NYSE: DHI), and KB Home (NYSE:...
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It is not uncommon during a serious recession for the shares of many public companies to drop. 24/7 Wall St. has assumed, for the purpose of finding stocks which could rise sharply, that the current...
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As the financial crisis spreads quickly from Wall St. to other industries, two large home building projected have received default notices. The problems involve developments in Las Vegas where house...
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Lehman Brothers has initiated coverage of some key homebuilders this morning: DR Horton (NYSE: DHI) started as Overweight. Hovnanian (NYSE: HOV) started as Underweight. KB Home (NYSE: KBH) started as...
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This morning, Banc of America has actually upgraded the homebuilder sector. This may be the first such round of upgrades from a brokerage firm across the board in what seems like forever. The...
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At KB Home (KBH) revenues totaled $2.07 billion for the quarter ended November 30, 2007, down from $3.01 billion in the corresponding quarter of 2006, primarily reflecting lower housing revenues. KBH...
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Not many stocks are likely to double. Even well-run companies like Cisco Systems (NASDAQ:CSCO) are not likely to move 2x even with great results. The market caps are already too large and the law of...
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Everyone keeps predicting one or more of the large US Homebuilders is going to implode because of their overbuilding and inability to sell new units at their old highly profitable margins. Most of...
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Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57. Countrywide Financial (CFC) Senator asks for probe of borrowing....
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